Google confirms investment in Indonesia’s ride-hailing leader Go-Jek

Google has confirmed its investment in Go-Jek, the hail-railing service that rivals Uber and Grab in Indonesia. TechCrunch reported the investment last week, which was made alongside China’s Meituan-Dianping and Singaporean sovereign fund Temasek. The trio were part of a final tranche of a $1.2 billion round that Go-Jek began negotiating on last April, with commitments from the likes of Tencent and JD.com in China. The terms value Go-Jek at around $4 billion. This deal marks the first... ... Read the entire article at the source link...

http://codango.com/google-confirms-investment-in-indonesias-ride-hailing-leader-go-jek/

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